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$459,900

Beds
4
Baths
3.0
sq ft
2,785

196 Palace Ct, Inwood, WV 25428

196 Palace Ct

INWOOD, WV 25428

  • 22 days on market
    • Price drop $10,000↓
    • Open house Jan 25
OUTSTANDING HOME IN THE COUNTRY! This nice home is situated on 2± acres and has incredible views of the surrounding farmland! The home features 3-4 bedrooms, 3 full bathrooms, kitchen, dining room, living room, main level laundry room, 2-car garage, basement family room, additional storage rooms, fenced yard, large utility shed, and more! The primary bedroom features an en suite bathroom with his and hers vanities, and a large 7x10 walk-in closet! The roof is approx. 5 years old! So much to love about this beautiful country home, it is move-in ready! This property will be offered at a sealed bid auction on Thursday February 6, 2025 with bids being due @ 3:00pm. The List price in no way represents a minimum, starting, or acceptable bid. Sealed bid information can be found in the property information packet.

Details

Property type

Single Family Residence

Est. home value

$498,436

Lot size

2.01 acres

Price per sq ft

$166

Year built

2003

Annual property taxes

$2,408

HOA

No

Price History

01/14/2025
Bright

Bright #WVBE2035892

Price change
$459,900
-2.13%
01/11/2025
Bright

Bright #WVBE2035892

Listed
$469,900
-4%
09/05/2023
Bright

Bright #WVBE2019522

Sold
$489,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

BERKELEY COUNTY SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$162,388
Asking price
$459,900
Closing costs (~8% of asking)
-$36,792
Est. remaining loan balance
-$260,720
Cash to seller
$162,388

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cnb Bank

Loan start date

September 2023

Original loan amount

$264,500

Est. remaining balance

$260,720

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Thomas L Weger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/24/2025 at 6:55 PM

Listing updated: 01/15/2025 at 4:42 AM

Listed by: Matthew S Hurley, Hurley Real Estate & Auctions Phone #: (717) 597-9100

MLS: Bright #WVBE2035892

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